Founders: Talal Bayaa, Brian Habibi
The Middle East’s 50 Most-Funded Startups
Rank: #6
Bayzat
Country: U.A.E.
Funding: $31 million
Investors: Vostok, Beco Capital, MSA, Autotech, Blustone, Endeavor Catalyst, Oman Tech Fund, Arzan VC, Sawari Ventures , Michael Lahyani, DiGAME, Silicon Badia, Raed Ventures, Dash Ventures, Esther Dyson, Emilian Popa, Onsi sawaris and africa legal network
Founded In: 2013
Digital provider of insurance and HR solutions
Bayzat provides automated human resource services for businesses, including payroll, employee benefits, and insurance benefits. In October 2019, it announced a Series B funding round of $16 million led by Point72 Ventures and Mubadala. The company has raised a total of $31 million to date, with plans to invest the proceeds into technology and customer experience. Last year, the company released additional features including free payroll processing, EarlyPay, Attendance, and Doctor Bookings.